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Leejam Sports Company (Fitness Time) Announces the Opening of 3 New Men Xpress Fitness Centers in Jeddah, Buraydah and Alrass
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| Announcement Detail | Leejam Sports Company (Fitness Time) announces the opening of 3 new men Xpress fitness centers in in Jeddah, Buraydah and Alrass on Sunday 31st December, 2023. The centers will operate 24-Hours with a low-cost operating model and without swimming pools. It will also be digitally enabled and with highly flexible subscriptions that start with a minimum commitment of one month, and at a reasonable price, to make clubs and gyms more accessible to support the achievement of Saudi’s vision 2030 targets. With this opening, Xpress centers opened since the Launch of the Fitness Time Xpress in November 2020 reached 35 centers. The center will have high-spec sports equipment as well as the latest designs for halls. The financial impact will appear as of the fourth quarter of 2023. The opened centers, which will operate under the brand "Fitness Time Xpress”, are as follows: - An Xpress center located on Imam Naoufal Street, Al Shati district of Jeddah City, with an area of 765 square meters. - An Xpress center located on Imam Al-Bukhari, Al Rayan district of Buraydah City, with an area of 1,080 square meters. - An Xpress center located on Al Juraif Street, Alhazm district of Alrass City, with an area of 950 square meters. With this, the total number of Leejam’s centers & studios operating inside and outside the Saudi Arabia is 186 and further new centers announcements will be made in the coming weeks. |
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The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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